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flag U.S. and Taiwan agree on trade deal lowering tariffs to 15% in exchange for $250B in tech investments, pending Taiwan’s parliamentary approval.

flag The United States and Taiwan have agreed to a trade deal lowering tariffs on Taiwanese goods to 15%, matching rates for Japan, South Korea, and the EU, in exchange for $250 billion in investments by Taiwanese tech firms, particularly in semiconductors, AI, and energy. flag The U.S. Department of Commerce called it a historic step toward reshoring critical industries, with TSMC accelerating construction in Arizona and increasing U.S. capital spending by nearly 40%. flag Taiwan hailed the agreement as its best trade deal, emphasizing strengthened strategic ties. flag China strongly opposed the deal, reiterating its one-China principle and warning against any actions implying Taiwan’s sovereignty, calling the agreement a violation of diplomatic norms. flag The agreement still requires ratification by Taiwan’s parliament.

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